Retained Earnings T-Account: Debit- 200 and 400/ Credit-700

Dividends T-Account: Debit-100, 100, and 200/ Credit-400

Income Summary T-Acount: Debit- 1,500/ Credit- 800, and 700

Find (a) the revenue for the period (b) Dividends for the period (c) Net income (d) Ending balance of retained earnings

Sara sells two types of cakes from home. The total fixed cost for every month is budgeted at 200 BD. The labor cost per unit is equal to 2 BD. Sara sells 150 cake every month. The selling prices is 15 BD. The ingredient cost is 4 BD per cake.
Sara wants to know what price she must charge to generate enough revenue to cover her costs. With Break-Even Analysis, Sara can compare different pricing options and calculate how many units sold will lead to profitability. She needs to calculate the contribution margin which equal to selling price minus the variable costs. Contribution margin shows the revenue earned per unit, after deducting variable costs and needs to be enough to cover the company's fixed costs. Sara needs to calculate the following:

1) Break-Even Price, to determine the price needs to be set to generate enough revenue to cover her costs. Break-Even Price equal to 1 / ((1 - Total Variable Costs Percent per Unit) * (Total Fixed Costs per Unit)). Where Variable Costs Percent per Unit = Total Variable Costs / (Total Variable + Total Fixed Costs). Then determine how changes in unit sold and cost per unit affect Break-Even Price, unit sold between 100 and 200 in 10 increments and Cost per unit between 3.5 and 6.5 in 0.5 increments.

2) Break-Even Units Sold, to determine the number of units that need to be sold to achieve the break-even point. To calculate the Break-Even Units Sold, we divide the total fixed costs by the contribution margin for each unit sold. Then determine how changes in unit sold and cost per unit affect Break-Even Unit, price between 7 and 17 in 1 increments and Cost per unit between 3.5 and 6.5 in 0.5 increments

I need it to be solved using modeling , sensitivity analysis and financial excel functions with excel or written.

York Airlines offers three classes of service on their flights between Toronto and Vancouver: economy, premium economy, and business class. Andrew, a student, is willing to pay a maximum of $300 for an economy class ticket, but is willing to pay up to $100 extra to travel in premium economy or in business class. Rebecca, a successful CEO, is willing to pay up to $500 for an economy class ticket, $800 for a premium economy ticket, and $1,000 for a business class ticket. For simplicity, suppose that York Airlines’ marginal costs are negligible (it has to pay a fixed cost to fly the airplane, but there are no marginal costs per seat sold, regardless of the class of service), so the management of the airline simply wants to maximize revenues.

(a) If the airline could perfectly price-discriminate, what class of service, and at what price, would it offer to each of the travelers? What would be the airline’s total revenues in such a case?

(b) Now suppose that the airline cannot perfectly price-discriminate; they must offer tickets in all classes of service to all customers, and tickets in a particular class of service must be sold at the same price to all customers. Suppose that the airline management decides to charge $300 for economy class tickets, $399.99 for premium economy tickets, and $1,000 for business class tickets. What kind of ticket will Andrew purchase? What kind will Rebecca purchase? What are York Airline’s total revenues?

(c) Suppose that business class tickets go on sale, and their price falls to $790. What kind of ticket will Andrew purchase? What kind will Rebecca purchase? What are York Airline’s total revenues?

(d) Suppose that the airline decides to reduce the cost of business class tickets even further, cutting the price down to $590. What kind of ticket will Andrew purchase? What kind will Rebecca purchase? Is this a good pricing strategy for the airline?

(e) Now suppose that York Airlines decides to get rid of the premium economy seats on their fleet. They maintain their $300 economy class tickets, but increase the price of business class tickets back up to $790. Is this a good strategy for the airline?

QUESTION 14

1. Table 24-1
   
   The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
   

   Year	Price of Peaches	Price of Pecans
   2005	$11 per bushel	$6 per bushel
   2006	$9 per bushel	$10 per bushel

   
   
   Refer to Table 24-1. If 2006 is the base year, then the CPI for 2006 was

   	a.	100.
   	b.	83.3.
   	c.	120.
   	d.	240.

QUESTION 15

1. Table 24-1
   
   The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
   

   Year	Price of Peaches	Price of Pecans
   2005	$11 per bushel	$6 per bushel
   2006	$9 per bushel	$10 per bushel

   
   
   Refer to Table 24-1. If 2005 is the base year, then the inflation rate in 2006 was

   	a.	16.7 percent.
   	b.	40 percent.
   	c.	20 percent.
   	d.	44.1 percent.

QUESTION 16

1. Table 24-1
   
   The table below pertains to Pieway, an economy in which the typical consumer’s basket consists of 10 bushels of peaches and 15 bushels of pecans.
   

   Year	Price of Peaches	Price of Pecans
   2005	$11 per bushel	$6 per bushel
   2006	$9 per bushel	$10 per bushel

   
   
   Refer to Table 24-1. If 2006 is the base year, then the inflation rate in 2006 was

   	a.	44.1 percent.
   	b.	16.7 percent.
   	c.	40 percent.
   	d.	20 percent

QUESTION 18

1. The substitution bias in the consumer price index refers to the

   	a.	substitution by consumers toward a smaller number of high-quality goods and away from a larger number of low-quality goods.
   	b.	substitution by consumers toward new goods and away from old goods.
   	c.	substitution by consumers toward goods that have become relatively less expensive and away from goods that have become relatively more expensive.
   	d.	substitution of new prices for old prices in the CPI basket of goods and services from one year to the next.

Instead of making an issue of stock to investors at large, companies sometimes give their existing shareholders the right of first refusal. Such issues are known as privileged subscription, or rights issues. Shareholders own one “right” for each share they held. Shareholders could sell, exercise, or throw away these rights. The following is an example.

The Bank of Notreal will offer a rights issue to its existing shareholders in order to increase its capital base by $58,750,000. The bank will allow shareholders to subscribe to new shares at a price which is $12.97 below the current market price of the common shares. Shareholders will receive one right for every share held. The bank's partial statements are shown below:

                                    Partial Income Statement ($000)      

Revenue                                  $213,500

Interest                                        91,000

Earnings Before Tax                122,500    

Taxes (@50%)                           61,250

Earnings After Tax                    61,250    

_________________________________________________

Earnings per Share                        3.50      

Price Earnings Ratio                      7.71

(a) How many common shares must be issued to finance the offering?

(b) How many rights are needed to subscribe to one new share?

(c) What is the ex-rights market value of the common shares?

Vaughn Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Vanessa Aaron, the company’s sales manager, prepared the following sales forecast for 2018. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% increase in the electric guitar price, to cover anticipated increases in raw materials prices.

1.AWK a public trade water utility company, has a Beta of .24. the most recent 10 year treasury yield is 3.15%. what is the required rate of return on this company? Please use historical average market premium to answer the question. 2.suppose AWK paid $2 dividend in the past 12 month and its dividend is supposed to grow at 2% per year for ever. what would be a reasonable estimate of AWK's stock price based on the dividend discount model? 3.now assume AWK's dividend will grow at 2.5% in the first 3 years and after 3 years it will grow at 2%. what would be a reasonable estimate of AWK's stock price based on the two stage dividend discount model?

4. instead of dropping suddenly from 2.5% to 2% in one year. lets assume that the growth rate AWK gradually decrease from 2.5% to 2%. please estimate AWK's stock price based on the H model.

5. AWK's earning per share in the past 12 month was $3.43. what would be a justified P/E ratio of AWK? used info from 1, 2 and 3

Dr. Matthew Friedman designed an experiment for unknown purposes. It consisted of showing research subjects two gambles, one at a time. The first gamble (”Gamble A”) offered participants an 80% chance of winning $5 (otherwise nothing). The second gamble (”Gamble B”) offered participants a 10% chance of winning $40 (otherwise nothing). They were shown to subjects who were asked which they preferred. Then the gambles were considered one at a time and subjects were asked to price them. In this part, the research subjects were told that they would ”own” the gamble in questions and could sell it back to the researcher for sure cash. Given those terms, they were asked to identify the minimum price they would accept to sell each gamble. Out of 789 test subjects, 653 always chose Gamble A as their preferred option, yet always assigned a higher price to Gamble B. These results were confirmed through repeated surveys of the same research participants. Are the prices participants quoted consistent with their choices? Are these choices consistent with accepted models of rational decision-making? Use concepts from behavioral economics to explain what is going on here and why.

The producer of a downloadable antivirus software program spends exactly ​$2 comma 650 comma 000 producing the first copy and incurring various costs required to make the software​ "user-friendly." The firm can produce and distribute additional copies at a​ per-unit cost of ​$1.00. If the company sold as many copies as consumers wished to purchase at a price of ​$1.00 per​ copy, it would sell 425 comma 000 copies. If the company maximizes its economic profits in the​ short-run, it sells 225 comma 000 copies at a price of ​$40. ​Finally, the company earns zero economic profits when it sells 275 comma 000 copies.

What are the​ firm's economic profits​ (or losses) if it sells 425 comma 000 copies of the antivirus software program at a ​$1.00 price per​ copy? ​$ -2,650,000 .

What are the maximum economic profits that the firm can earn in the short​ run? ​$ 6,125,000 . What is marginal revenue when the firm maximizes its​ short-run economic​ profits? ​$ 1.00 .

In the long​ run, after entry of competing​ firms, to the nearest​ dollar, and including the correct​ sign, what amount of economic profits will this firm​ earn? ​$ 0 0.

PREVIOUS CODE:

InventroryItems

class InventoryItem implements Cloneable{
        // instance variables
        protected String description;
        protected double price;
        protected int howMany;

        // constructor
        public InventoryItem(String description, double price, int howMany) {
                this.description = description;
                this.price = price;
                this.howMany = howMany;
        }

        // copy constructor
        public InventoryItem(InventoryItem obj) {
                this.description = obj.description;
                this.price = obj.price;
                howMany = 1;
        }

        // clone method
        @Override
        protected Object clone() throws CloneNotSupportedException {
                return super.clone();
        }

        // toString method
        @Override
        public String toString() {
                return description + " ($" + price + ")";
        }

        // equals method
        @Override
        public boolean equals(Object obj) {
                InventoryItem other = (InventoryItem) obj;
                if (description.equals(other.description) && price == other.price)
                        return true;
                return false;
        }

        // view method
        public void view() {
                System.out.println("Viewing: " + description);
        }
}

Book

class Book extends InventoryItem {
        private String author;

        public Book(String description, double price, int howMany, String author) {
                super(description, price, howMany);
                this.author = author;
        }

        public Book(Book obj) {
//              super(new InventoryItem(obj.description, obj.price, obj.howMany));
                super(obj);
                this.author = obj.author;
        }

        @Override
        protected Object clone() throws CloneNotSupportedException {
                return super.clone();
        }

        @Override
        public String toString() {
                return "Book: " + description + " by " + author + " ($" + price + ")";
        }

        @Override
        public void view() {
                System.out.println("Openeing Book: " + description);
        }

        @Override
        public boolean equals(Object obj) {
                Book other = (Book) obj;
                if (super.equals(obj) && author.equals(other.author))
                        return true;
                return false;
        }
}

MusicCD

class MusicCD extends InventoryItem{
        private String performer;

        public MusicCD(String description, double price, int howMany, String performer) {
                super(description, price, howMany);
                this.performer = performer;
        }
        
        public MusicCD(MusicCD obj) {
                super(obj);
                this.performer = obj.performer;
        }
        
        @Override
        public String toString() {
                return "CD: "+performer+": "+super.toString();
        }
        
        @Override
        public void view() {
                System.out.println("Now Playing Sample: "+description);
        }
        
        @Override
        protected Object clone() throws CloneNotSupportedException {
                return super.clone();
        }
        
        @Override
        public boolean equals(Object obj) {
                MusicCD other = (MusicCD) obj;
                if(super.equals(obj) && performer.equals(other.performer))
                        return true;
                return false;
        }
}

Test

public class Test{
        public static void main(String[] args) throws CloneNotSupportedException {
                //testing the classes
                InventoryItem book1 = new Book("Somthing Nice", 2.56, 5, "John Wick");
                InventoryItem book2 = (InventoryItem) book1.clone();
                InventoryItem book3 = new Book((Book)book2);
                
                InventoryItem cd1 = new MusicCD("Classic Hits", 3.26, 6, "Elvis Presley");
                InventoryItem cd2 = (InventoryItem) cd1.clone();
                InventoryItem cd3 = new MusicCD((MusicCD)cd2);
                
                System.out.println("book2.equals(book3)? "+book2.equals(book3));
                System.out.println("cd1.equals(cd3)? "+cd1.equals(cd3));
        }
}

JAVA programming- please respond to all prompts as apart of one java project. All information has been provided.

Part C

Create two more classes, TextBook and Novel, which inherit from Book. A TextBook has a String subject, and a Novel has a String genre.

Override equals in both these classes. A TextBook can be equal to another TextBook with the same price, description, author, and subject, or to a Novel if the price, description, and author are the same and the genre of the Novel is the same as the subject of the textbook. The same goes for the Novel class.  

Part D

Create a class ItemStorage which contains an array of inventory items as an instance variable. It should start out empty but with room for at least 10 items. Keep an instance variable like firstEmptyInstance which holds the number of the first empty location in the array (these should NOT be accessible directly from outside classes, but you may find it easier to use protected for the sake of your subclasses).

Add a method add(newitem) to add InventoryItems to the list. If the item it is adding is equal (think about this) to an item already in the list, instead of taking up another spot in the array, increase the howmany number for the item already there (so if the one in the array has 3 and the one I am adding has 2, we end up with 5), otherwise add it to the array in the first empty spot as usual. If we have added successfully, return true. If the item is new to the list and the array is full, return false.

The toString method should return a String that lists all the items that are in the list, numbered from 1, including how many of each there are.

Add a method viewAll that calls view for each of the items in the list.

Create a class Cart which inherits from ItemStorage

Add a method totalPrice which should return the current total price of all elements in the cart, taking in to account how many of each there are (so if there is an item with price $3 and there are 4 of them, they add $12 to the total price.

The toString should look like the one for ItemStorage, but add a total price at the bottom.

Create a Class Warehouse which inherits from ItemStorage.

Add a method buy(int index) (Assume a human started counting at 1, and adjust accordingly.)

• If index is not a valid, occupied index in the list, return null.
• If it is valid and there is more than one of that item in stock, decrease the number in stock, and return a copy of the item.
• If there is only one left, before returning it, remove it entirely from the list by first replacing it by the last item in the list, and then moving the first empty index variable up by one, and then return the item. (so, if the cart formerly contained items (A, B, C, D, E) and we removed the last C, it would now contain (A, B, E, D), and the first empty index would become 4 instead of 5, while we return C.)  

[Do not remove items by looping through and moving everything else up, so that ABCDE with C removed becomes ABDE, notice how much more inefficient this is. It is only worth doing in an array if we care about the order.]

Part E

In a main, create a Warehouse and fill it with various Books, MusicCD's, and other items for sale. Make sure there are multiples of some items in the warehouse. (Make items up in your code, don't read them in from a user). Also create a Cart.

In a loop, repeatedly show the Warehouse and ask the user whether to 1) buy a new item, 2) view cart, 3) preview items 4) check out. If they choose to buy a new item, ask for the number of the item, buy that item from the warehouse, and add the chosen item to the cart. If they choose to view cart, print the cart. If they choose to preview items, use viewAll() from the Cart class to view all items in the cart. If they choose to check out, show the total cost again and make them confirm that they want to buy and if they do, print a message saying their credit card was charged, if not just say goodbye, then end the program.

(hint: The main class shouldn't even need to be aware that there are arrays in the Cart and Warehouse classes. Classes other than main shouldn't talk to the user for this program. As always, you may add extra methods to any class to help you break down tasks or to make coding easier. )